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FY2016 Airline Rates and Charges 1. 251 Newton&Associates,loc• AVIATION INDUSTRY CONSULTANTS 2 x^ r of O Or nr m0 September 29, 2015 ^r�l CI O. O('J r sz VIA ELECTRONIC MAIL :<<' = i O r C) CO O. To: EYW Air Carrier Representatives(Distribution List Attached) Re: FY 2016 Airline Rates and Charges xD Key West International Airport Dear Air Carrier Representative: On behalf of Monroe County("County")and the Key West International Airport ("Airport"),please find attached for your record the final FY 2016 budget airline rates and charges("Rates and Charges")for the Airport.The Rates and Charges are calculated based on the Airport's estimated expenses for the subject year,using the same methodology in place since 2002. As shown in the attached Rates and Charges package,the FY 2016 Budget total Airport Operating and Maintenance Expense represents an increase of approximately$216,000 compared to the Estimated FY 2015 total.This increase is reflective of necessary increases as well as certain decreases to be more in line with estimated actual expenses realized at the Airport for FY 2015. FY 2016 Airline Rates and Charges Summary: The following summarizes the estimated Average Airline Terminal Rental Rate, Landing Fee Rate, Checkpoint Security Charge,and average airline CPEP for FY 2016: Estimated Budget FY 2015 FY 2016 Var. Average Terminal Rental Rate $49.06 $ 52.32 $3.26 Landing Fee Rate $ 3.69 $ 3.86 $0.17 Checkpoint Security Charge $ 0.93 $ 0.86 ($0.07) Airline Cost per Enplaned Passenger $ 10.24 $ 9.71 ($0.53) Page 1 of the Rates and Charges package provides a summary of key results of the FY 2016 budget Rates and Charges. 1806 ROCKY RIVER ROAD • CHARLOTTE, NC 28213 • 17041 597-4384 • FAx 1704) 597.4385 NAICIT@NEWIONANDASSOCIATES.COM • WWW.NEWTONANDASSOCIANES.COM •. EYW Air Carrier Representatives September 29, 2015 Page 2 Airport Operating and Maintenance("O&M") Expenses: Page 2 of the Rates and Charges package provides detail on the Airport O&M Expense budget for FY 2016. As shown, total Airport O&M Expenses have been budgeted to increase by 3.1%or $215,871 from$6.95 million estimated in FY 2015 to$7.17 million in Budget FY 2016. Contractual Services- Security Expense: Page 4 of the package depicts the Airport's security expense requirements for FY 2016. As shown,the Airport security expenses are budgeted to be$2,306,821,approximately $23,000 more than the amount estimated in FY 2015. The Airport is anticipating that the County will receive grant funds in the amount of$60,000 to offset this security expense, reducing its budgeted amount to$2,246,821 for the year. Landing Fee Rate: Page 8 of the package presents the calculation of the airfield landing fee rate, The Total O&M and Capital Expenses allocated to the Airfield cost center are estimated to be $2,026,199("Airfield Requirement"). The Airfield Requirement is then reduced by estimated FY 2016 general aviation revenues($250,000)resulting in a Net Airfield Requirement of$1,776,199,an increase of$172,665 over the Estimated FY 2015 amount. As for the estimated landed weights for the year, Newton&Associates,Inc. ("NAI") requested estimated total airline landed weights from each carrier for FY 2016. Based on the information provided,total airline landed weight(including cargo landed weight)for FY 2016 is estimated to be 460,216,an increase 26,030 units overthe Estimated FY 2015 level. Based on the Net Airfield Requirement and the total estimated units of aircraft landed weight, the resulting Landing Fee Rate is$3.86, an increase of$0.17 over the Estimated FY 2015 amount of$3.69 and $0.24 higher than the Budgeted FY 2015 rate ($3.62). This increase in the landing fee rate is attributed to an increase in the Net Airfield Requirement offset by an increase in total airline landed weight in FY 2016. Airline Terminal Rental Rate: Page 9 presents the calculation of Terminal Rental Rates for FY 2016. Total projected FY 2016 O&M and Capital Expenses allocated to the Terminal cost center is$3,269,993 ("Terminal Requirement"),which is$198,905 higher than the Estimated FY 2015 amount of$3,071,088.Note that the Terminal Requirement excludes directly billed airline checkpoint security reimbursement charges($333,520). EYW Air Carrier Representatives September 29, 2015 Page 3 Based on the estimated Terminal Requirement and the total productive square footage of the terminal complex(62,495),the FY 2016 Average Terminal Rental Rate is $52.32 per square foot,which is a$3.26 increase over the Estimated FY 2015 average terminal rental rate of$49.06 per square foot. Airline Cost Per Enplaned Passenger: As with the estimated landed weights,NAI also requested the estimated annual enplanements from each carrier for FY 2016. As shown on Page 12,based on the information provided by the carriers, the estimated enplanements for FY 2016 have been estimated to be 387,107,an increase of 40,275 when compared to the estimated FY 2015 enplanements of 346,832. Based on this estimate of enplanements and the total amount of FY 2016 airline payments of$3,760,612 the estimated CPEP for budget FY 2016 is $9.71,which$0.53 less than the Estimated FY 2015 level ($10.24). Review Process and Moving Fonvard: During this FY 2016 Rates and Charges budget development, the Airport has also been in the process of examining its FY 2012,FY 2013 and FY 2014 actual expenses and operational activity in an effort to complete the rates and charges reconciliations for those periods. NAI has completed these reconciliations and they are currently being reviewed by the County mid EYW staff. It is anticipated that completed reconciliation packages will be provided to the EYW airlines during the month of October. We look forward to answering any questions that you may have on the attached FY 2016 Rates and Charges. Sincerely, caisaaa Frank C.Newton, III Vice President Attachment Cc: Don DeGraw(EYW) Tina Boan(Monroe County) Laura DeLoach-Hartle(Monroe County) Beth Leto(EYW) Chris Garnett(NAI) KEW WEST INTERNATIONAL AIRPORT AIR CARRIER DISTRIBUTION LIST FOR FY 2016 AIRLINE RATES AND CHARGES Mr. Brian Miller Regional Director DELTA AIR LINES,INC. Department 877 P. O. Box 20706 Atlanta, GA 30320-6001 Phone: (404)452-2909 Mobile(404)983-3078 Brian.M i I Ier@dcl lacon i Mr. James Seadler AMERICANAIRLINES Corporate Real Estate 4333 Amon Carter Blvd.,MD 5317 Fort Worth,TX 76155 .James.Seadler ryaa.corn Mr. Brian McCormick Director Airport Operations SILVER AIRWAYS, CORP. 1100 Lee Wagner Blvd. Suite 201 Fort Lauderdale,FL 33315 Phone(954)302-6935 Mobile(954) 682-7694 Brian.McCorinickat/si Iverairways.com Page 1 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES&CHARGES SUMMARY Penance Budget Est.Actual Budget FV 2016 Over Variance FY 2015 FY 2015 FY 2016 Est.FY 2015 Percent Total Airport Operating Maintenance&Capital Expenses: $6,516,596 $6,949,332 $7,165,203 $215,871 3.1% Terminal Building: Terminal Requirement 2,863260 3071088 3259,993 198,905 Terminal Productive Square Footage 62,597 62,597 62,495 -102 Terminal Rental Rate Per Square Foot $45.74 $49.06 $52.32 $3.26 Airline Square Footage-Occupied 33454 33,454 31,839 (1,615) Airline Terminal Rentals $1,530,225 $1,641,298 $1,665,946 24,650 1.5% Airfield: Net Airfield Requirement 1,544,056 1,603,534 1,776,199 172665 Total Aircraft Landed Weight 426,163 434,186 460,216 26,030 Airfield Landing Fee Rate Per 1,000 Pounds $3.62 $3.69 $3.86 $0.17 Passenger Aircraft Landed Weight 422,100 430,225 456255 26030 Passenger Airline Landing Fees $1,528,003 $1,587,530 $1,761,146 173,616 10.9% Security Reimbursement Direct Bill Charges $323,806 $323,806 $333,520 9,114 3.0% per Enplaned Passenger $0.90 $0.93 $0.86 ($0.07) Total Estimated Airline Payments $3,382,034 $3,552,632 $3,760,612 207,980 6.9% Enplaned Passengers 359,937 346,832 387,107 40,275 11.6% Total Cost Per Airline Enplaned Passenger $9.40 $10.24 $9.71 ($0.53) -5.2% Newton&Associates.Inc. 9/22I15 EYW FY 2016 Budget Rates&Charges ver 07 Asx Page 2 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES &CHARGES Airport Operating 8 Maintenance Expenses Budget Est.Actual Increase/ Proposed Increase/ Percent FY15 FY15 (Decrease) FY16 (Decrease) Change Personal Services 510120 Administrative $476,029 $454,531 (21496) $524843 $70,312 15.5% Maintenance 330,074 315,169 (14905) 303,297 28,128 8.9% Operations 93,455 89235 (4,220) 0 (89,235) -1000% Planning B Engineering 95,861 91532 (4,329) 99472 7,940 87% ARFF 1,080,454 1031665 (48,789) 1,192,339 160,874 156% Airport Secunty 91,710 87,569 (4,141) 100,000 12,431 14.2% Legal 66,292 63,299 (2,993) 69,107 5,808 9.2% Total Personal Services $2,233,873 $2,133,000 ($100,873) $2,329058 $196,058 92% Contractual Services(Non-Security) 530310 Professional Services $21,072 $40301 19,229 $35,000 ($5,301) -132% 530316 Medical Services 0 0 0 0 0 NA 530340 Other Contractual Services 543,574 581,659 38,085 625,000 43,341 7.5% 530410 Phone&Postage/Freight 26091 40,000 13,909 50,000 10,000 25.0% 530440 Utility Services 414,686 450,000 35,314 490,000 40,000 8.9% 530440 Rentals&Leases 9,141 12,200 3,059 12,200 0 0.0% 530450 Insurance 20,091 20400 309 25,000 4,600 22.5% 530451 Risk Management Charges 0 28,480 28,480 56,959 28,479 100.0% 530498 Advertising 4,087 4,000 (87) 4,000 0 00% Total Contractual Services $1.038,742 $1,177,040 $138.298 $1,298,159 $121,119 10.3% Supplies 8 Materials 530510 Office Supplies $3,977 $6000 2,023 $5,000 ($1,000) -167% 530520 Operating Supplies 2013,597 175,000 (33,597) 80,000 (95,000) -543% 530521 Gasoline 57 0 (57) 0 0 NA 530523 Diesel Fuel 0 0 0 0 0 NA 530528 Internal Fuel 0,303 8,300 (3) 9,500 1,200 145% 530540 Books,Pubs,Subs,Educ,Mem 9,518 10,750 1,232 15,500 4,750 44.2% Total Supplies 8 Materials $230,452 $200,050 ($30432) $110000 ($90,050) -450h General 590910 County Overhead Allocation $0 $300,000 300,000 $300,000 $0 0.0% 530400 Travel S Per Diem 10,471 15,000 4,529 25,000 10,000 667% 530409 Vehicle Maintenance Charges 21,259 22,780 1521 21,117 (1,663) -7.3% 530460 Repairs and Maintenance 456,407 578000 119,593 475,000 -101,000 -175% 530461 Repairs and Maintenance-Building 0 47,000 47,000 0 -47,000 -100.0% 530470 Printing and Binding 2,025 12,000 9,975 3,600 (8,400) -70.0% 530490 Miscellaneous Expenses 5,950 1,500 (4,450) 13,000 11,500 766.7% Total General $496,112 $974,280 6478,158 $837,717 ($136,563) -14.0% ARFF Non-Personal Services O&M Expense $292,455 $240,000 (52,455) $235,698 ($4,302) -1.8% TOTAL BASIC O&M EXPENSE 54,291,634 $4.724,3711 $432,736 $4,810,632 $88,262 1.8% Contractual Services-Security Security Services-MCSO $2,283,367 2,283367 0 $2,306,821 $23,454 1 0% Security Services-M&O 0 0 0 107,750 107,750 NA Less FDOTPTSA Security Grants (5E405) (58,405) 0 (60,000) (1,595) 2.7% Total Contractual Services $2,220,962 $2,224,962 $0 $2,354,571 $129,609 58% TOTAL O&M AND SECURITY EXP. $6,516,596 $6,949,332 $432,736 $7,165,203 $215,871 3.1% Nam°n a<ammue me 9122/15 EYW FY 2016 Budget Rates&Charges ver 07 xlsx Page 3 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES&CHARGES OTHER CONTRACTUAL SERVICES-DETAIL Proposed Budget Eat.Actual Proposed FY 2015 FT 2015 FY 2016 Terminal Airfield GA Other Total Other Contractual Services Line Item $543,574 $625000 $325947 385,780 $0 $213273 $625000 Landscaping Gardens of Eden $111048 $114,045 $122,543 $18,381 $85,780 $0 $18381 $122543 Elevator Thyssenkrupp Elevator 0 18,514 19,894 19,894 0 0 0 19,894 Parking Mgt. USA Parking 129,060 134,131 144,125 0 0 0 144,125 144,125 Janitorial Jaynes CleaninglCliflbangar 303466 314,969 338438 287,672 0 0 50,766 335,43E Other Courier 0 0 0 0 0 0 0 0 Other Contractual Services Allocation $543,574 $581.659 3625,000 $325,947 $85780 $0 $213273 $625,000 Expense Distribution For Other Contractual Services 52% 14% 0% 34% 100% Source: Other Contractual Services provided by Monroe County.Airports Business Office. Note Landscaping Expense allocated 70%to"aiiReld'%15%to"Terminal"and 15%to"Other'. Elevator Expense allocated 100%to"Terminal". Parking Mgt Fees Allocated 100%to"Other. Janitorial expenses allocated 85%to"Terminal'and 15%to"Other to reflect services provided at the Adams Arnold Annex. Neuron a Associates.Inc 9(22/15 EYW FY 21116 Budget Pates&Charges eer0lalso - - Page 4 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES&CHARGES Airport Security Requirements Airport Security Cost Requirement: Budget FY 2015 I Est.Actual FY 2015 Propose FY 2016 Less County Less County Less County Requirement Grants Potion Requirement Grants Potion Requirement Grants Portion Total FY 2015 $2383,307 $58405 $2224,962 $2.263367 $58,405 $2224,962 $2306,821 $60,000 52,246B21 Checkpoint Secudly per Enplanement Charge: Budget Md.Actual Budget FY 2015 FY 2016 FY 2016 Total County Security Requirement $2,229962 $2 224 962 $2746 S21 Amount Allocated Directly to Airlines checkpoint Security $323806 $323806 $333.520 rsim Security 0 0 0 Ai RSA Amine Security-Aire Porton 0 0 0 Total Amount Allocated Directly to Airlines $323,806 $323805 $333520 Enplaned Passengers 359937 346832 387.107 Per Passenger Reimbursement $090 $093 $086 Net Security Allocated to Cost Centers $1�1155 $1�1 150 $1919301 Page 5 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES & CHARGES Airport Operating&Maintenance Expense Allocations _ ------Allocation Proposed General FY 2016 Terminal Airfield Aviation Other Personal Services Administrative $524843 $262,422 $131211 $52,484 $78,726 Maintenance 343297 137,319 85659 34330 102,989 Operations 0 0 0 0 0 Planning&Engineering 99472 39,789 29842 14,921 14921 ARFF 1.192,339 119,234 953,871 59,617 59,517 Airport Security 100,000 40,000 30,000 20,000 10,000 Legal 69,107 34554 17,277 6,911 10366 Total Personal Services $2,329,058 $533,317 $1230,860 $188,262 $226819 Contractual Services(Non-Security) Processional Services $35000 $21000 S3,500 $5,250 $5250 medical Services 0 0 0 0 0 Other Contractual Services 625,000 325,947 85,780 0 213273 Phone&Postage/Freight 50000 30000 5000 7,500 9,500 Utility Services 490000 385.822 42,144 0 62,034 Rentals&Leases 12,200 7,320 1,220 1.830 1,830 Insurance 25000 15000 2,500 0 7,500 Risk Management Charges 55959 39,871 0 0 17,088 Advertising 4,000 2400 400 600 600 Total Contractual Services $1,298,159 $027,361 $140.544 $15,100 $315,074 Supplies&Materials Office Supplies $5,000 $3,000 $500 $750 $750 Operating Supplies 80,000 48,000 8,000 12000 12000 Gasoline 0 0 0 0 0 Diesel Fuel 0 0 0 0 0 Internal Fuel 9,500 5100 950 1,425 1,425 Books,Pubs,Subs,Educ,Mem 15,500 9,300 1,550 2,325 2325 Total Supplies&Materials $110,000 $56,000 $11000 $16,500 $15500 General County Overhead Allocation $300,000 5150,000 $75,000 $30,000 $45,000 Travel&Per Diem 25,000 6,250 8,250 6,250 6,250 Vehicle Maintenance Charges 21,117 5,279 5,279 5.279 5,279 Repairs and Maintenance 475,000 118.750 118150 118.750 116,750 Repairs and Maintenance-Buildings 0 0 0 0 0 Printing and Binding 3,600 900 900 900 900 Miscellaneous Expenses 13000 3,250 3,250 3,250 3,250 Total General $837,717 $284,429 $209,429 $164,429 $179,429 ARFF Non-Personal Services O&M Expense $235,698 $23,570 $188,558 $11,785 $11,785 SUBTOTAL BASIC O&M $4,810,632 $1834,676 $1,780,392 $396,157 $799,408 Contractual Services-Security Security Services-MCSO $2,306,821 $1,730,116 $230682 $115,341 $230.682 Security Services-M&O $107.750 $80,813 $10,775 $5,388 $10,775 Less Operating Security Grants (60.000) (45,000) (6,000) (3,000) (6.000) Total Contractual Services $2,354,571 $1,765,928 $235,457 $117729 $235457 TOTAL O&M AND SECURITY EXPENSE $7,165,203 $3,600604 $2,015,849 $513,885 $1034865 Checkpoint Security Direct Bill ($333,520) ($333,520) $0 $0 $0 O&M AND SECURITY EXPENSE-ALLOCATED $6,831,683 $3,267,084 $2.015849 $513,885 $1,034,865 Allocated Share of Total Expense 100% 48% 30% 8% 15% N.nan a s..xeu.Jnc 922/15 EYW FY 2018 Budget Rates&Charges rer 07 xlsx Page 6 KEY WEST AIRPORT FY 2016 AIRLINE RATES &CHARGES Alryort Operating&Maintenance Expense Allocation Percentages ----Cost Center Allocation-- • - Terminal' Airfield I Aviation' Other I Total Personal Services Administrative 50% 25% 10% 15% 100% Maintenance 40% 20% 10% 30% 100% Operations 100% 00% 5% 50% 100% Engineering 40% 30% 15% 15% 100% ARFF 10% 80% 5% 5% 100% Airport Security 40% 30% 20% 10% 100% Legal 14% 52% 20% 14% 100% Adjustment 25% 25% 25% 25% 100% Weighted Average 27% 53% 8% 12% 100% Contractual Services Professional Services 60% 10% 15% 15% 100% Medical Services 60% 10% 15% 15% 100% Other Contractual Services 52% 14% 0% 34% 100% Phone B Postage/Freight 60% 10% 15% 15% 100% Utility Services 799 9% 0% 13% 100% Rentals&Leases 60% 10% 15% 15% 100% Insurance 60% 10% 0% 30% 100% Risk Management Charges 70% 0% 0% 30% 100% Advertising 60% 10% 15% 15% 100% Weighted Average 64% 11% 1% 24% 100% Supplies&Materials Office Supplies 60% 10% 15% 15% 100% Operating Supplies 50% 10% 15% 15% 100% Gasoline 60% 10% 15% 15% 100% Diesel Fuel 60% 10% 15% 15% 100% Internal Fuel 60% 10% 15% 15% 100% Books,Pubs,Subs,Educ,,Mem 60% 10% 15% 15% 100% Weighted Average 60% 10% 15% 15% 100% General County Overhead Allocation 50% 25% 10% 15% 100% Travel&Per Diem 25% 25% 25% 25% 100% Vehicle Maintenance Charges 25% 25% 25% 25% 100% Repairs and Maintenance 25% 25% 25% 25% 100% Repairs and Maintenance-Buildings 100% 0% 0% 0% 100% Printing and Binding 25% 25% 25% 25% 100% Miscellaneous Expenses 25% 25% 25% 25% 100% Weighted Average 34% 25% 20% 21% 100% 10% 80% 5% 5% 100% Basic O&M Weighted Average 38% 37% 8% 17% 100% Contractual Services.Security Secunty Services-MCSO 75% 10% 5% 10% 100% Security Services-M&O 75% 10% 5% 10% 100% Less Operating Security Grants 75% 10% 5% 10% 100% Total Contractual Services 75% 10% 5% 10% 100% TOTAL O&M AND SECURITY EXPENSE 50% 28% 7% 14% 100% Less:Checkpoint Security Direct Bill 100% 0% 0% 0% 100% Total O&M Weighted Average 48% 30% 8% 15% 100% Newton&Aswtlales,Inc. 9I22I15 EYW FY 20113 Budget Rates&charges ver 07 xlsx Page KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES&CHARGES Capital Projects 6 Purchases —Can Center Allocation Total Less Tess Local To Be Initial General Other Cost Grants PFOs snare Expensed Amortized!Yrs.Arran Ohs.Pmnunt 554 Terminal Airfield Temsod Capita I P 1°PIT-Repair Adnin Offices S50000 S0 S0 $50000 SO 550.000 10 2016 16475 $2500 52,914 $324 5616 Vacant 0 0 0 0 0 0 Total 550.000 50 50 $50000 50 450.000 $e I>5 $?590 $2 911 $324 S646 Capital Purchases: Eapensen. Radios.GOMMURICHti011S 62500 0 0 $2.500 42500 $0 0 50 50 $0 $0 Operations Miscellaneous 0 0 51500 63500 500 Vacant 0 0 0 0 0 0 0 0 0 Subtotal Expensed 56000 50 50 56000 %WO SO $0 50 50 S0 SO P motlrzeJ PTO Lip VAIh Lift Gale $27500 50 SO $27.500 $0 $27,500 5 2017 Bobcat with Atlacbments 50000 0 0 50000 0 50000 10 2017 Portatile Backup Generator 75,000 Velide P.rcha»(OireabC 24866 0 0 21668 0 24,666 5 2016 I6R 662 ra Vam 0 0 0 0 0 0 0 5+i0 0 0 5+0 0 Subtotal Amortized S177,88 SO SO $127.388 S0 $177,36S $S+aa E26tt $1,036 $574 $662 Total Capital Purchases 5183368 50 50 $183366 16.000 5177,368 55741 5?0II 51436 591 $662 Total Protasis 6 Pumhaaaa bump"Espoused"FY 16 SB,WO Total Project°6 Pur.1114565 being"Amortized FY 16 S2273613 312.219 55083 50350 $698 S1509 Page 8 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES & CHARGES Landing Fee Calculation Budget Est.Actual Proposed Increase over FY 15 FY 2015 FY 2016 Est actual 15 AIRFIELD O&M EXPENSE: Personal Services $1,196,993 $1,142,942 $1,230,860 $87,918 Contractual Services 121,448 130,226 140,544 10,318 Supplies&Materials 23,045 20,005 11,000 (9,005) General 124,028 231,820 209,429 (22,391) ARFF Non-Personal Services O&M Expense 99,968 99,968 188,558 88,590 Subtotal Airfield-Basic O&M Component $1,565,483 $1,624,961 $1,780,392 $155,431 Security Component $222,496 $222,496 $235,457 $12,961 Total Airfield O&M Expense $1,787,979 $1,847,457 $2,015,849 $168,392 AIRFIELD CAPITAL EXPENSE: Airfield Amortization $6,077 $6,077 $4,350 ($1,727) Airfield Capital Expense 0 0 6,000 6,000 Total Airfield Capital Expense $6,077 $6,077 $10,350 $4,273 TOTAL AIRFIELD REQUIREMENT: $1,794,056 $1,853,534 $2,026,199 $172,665 Less: Estimated General Aviation Revenue (250,000) (250,000) (250,000) 0 NET AIRFIELD REQUIREMENT $1,544,056 $1,603,534 $1,776,199 $172,665 LANDING FEE CALCULATION: Est Passenger Airline Landed Weight (000 Lb. Units) 422,100 430,225 456,255 26,030 Est Cargo Airline Landed Weight (000 Lb. Units) 4,063 3,961 3,961 0 Est Total Airline Landed Weight (000 Lb. Units) 426,163 434,186 460,216 26,030 Airline Landing Fee Rate' $3.62 $3.69 $3.86 $0.17 'Net Airfield Requirement/Airline Landed Weight) Newton&Associates,Inc. 9122/15 EYW FY 2016 Budget Rates&Charges ver 07.xlsx Page 9 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES & CHARGES Terminal Rental Rate Calculation Budget Est.Actual Budget Increase over FY15 FY 2015 FY 2016 Est actual15 TERMINAL O&M EXPENSE: Personal Services $595,608 $568,713 $633,317 $64,604 Contractual Services-Non Security 649,413 747,747 1327,361 79,614 Supplies 8 Materials 138,271 120,030 66,000 (54,030) General 124,028 278,820 284,429 5,609 ARFF Non-Personal Services O&M Expense 12,496 12,496 23,570 11,074 Subtotal Terminal Basic O&M Expense $1,519,816 $1,727,806 $1,834,676 $106,870 Less: 10%Departure Lounge Restroom Credit (2,232) (2,394) (2,553) (159) Net Terminal Basic O&M Expense $1,517,584 $1,725,412 $1,832,123 $106,711 Contractual Services-Security $1,668,722 $1,668,722 $1,765,928 $97,206 Less:TSA Security Grant 0 0 0 0 Less:FOOT Security Grant 0 0 0 0 Less:Direct Billed Security Charge (323,806) (323,806) (333,520) (9,714) Subtotal Security Component $1,344,916 $1,344,916 $1432408 $87,492 Net Terminal O&M Requirement $2,862,500 $3,070,328 $3,264,530 $194,202 TERMINAL CAPITAL EXPENSE: Debt Service(Bonds/Notes) $0 $0 $0 $0 Amortization 760 760 5,462 4,702 Capital Purchases Expensed 0 0 0 0 Total Terminal Capital Requirement $760 $760 $5,462 $4,702 TERMINAL REQUIREMENT: $2,863,260 $3,071,088 $3,269,993 $198,905 TERMINAL RENT CALCULATION: Terminal Basic O&M and Capital Requirement $1,518,344 $1,726,172 $1,837,585 $111,413 Total Terminal Productive Space(Sq.Ft.) 62,597 62,597 62,495 (102) Terminal Rental Rate-Basic O&M Component $24.26 $27.58 $29.40 $1.63 Security Component-Terminal Requirement $1,344,915 $1,344,916 $1,432,408 $87,492 Total Terminal Productive Space(Sq.Ft.) 62,597 62,597 62,495 (102) Terminal Rental Rate-Security Component $21.49 $21.49 $22.92 $1.44 Average Terminal Rental Rate PSF $45.74 $49.06 $52.32 $3.26 n..mina eeemrtm.nvrotal Terminal Productive Space) AIRLINE SPACE RENTAL Airline Space Occupied(Sq.Ft.) 33,454 33,454 31,839 (1,615) Airline Space Vacant(Sq.Ft.) 2,833 2,833 4,346 1,513 Airline Space Total(Sq.Ft.) 36,287 36,287 36,185 (102) Airline Reqt Occupied(Sq.Ft.) $1,530,225 $1,641,296 $1,665,946 $24,650 Airline Reqt Vacant(Sq.Ft.) $129,585 $138,991 $227,400 $88,410 Airline Reqt(Avg Term Rent Rt x Airline SF) $1,659,809 $1,780,286 $1,1393,346 $113,060 Newton 8 Associates.Inc. 9122115 EYW FY 2016 Budget Rates&Charges ver OLdsx KEY WEST INTERNATIONAL AIRPORT P.9.to AIRLINE RATES AND CHARGES • FY 2016 AIRLINE RATES S CHARGES 'Seminal Space Aliocanon Terminal Produdive Space P Available AIRLINE SPACE Assigned first F IGOE POMO Assigned Second F1000 Dena 601 Goa Airline ASSi91100 Total 4,234 Airline Common (Non-Pueuct Baggage Claim 100 AS Hold Acorns 8,Cproulation vpeCulalivn 145.1314.131 7.450 /unme Common SecuriS Geckpav 3 0 Airline Common Total 27,605 CONCESSIONIRENTABLE SPACE Concessionfiteniable Space Fins Floor Rental Car Retail COnLEISSIOns Sub-total 7,211 Contesslopulientable Space Second NOW Sub-total Tole!-Contest Ion Space 14,410 PUSUG SPACE 1.880 Public Space Second Floor Total-PublicSpace NI]Oi A30�B30S3093¢ 10102 16.00% ACMINIs1WTVE SPACE-Second Root 1496 iwx TOTALDROWCTVE SPACE 12495 I0000% SUPPORT SPACE Support Span.-&mond inoe xm¢u Ls9e5]3Se,9111.MID916o51NE, Tom suvpon spex 4,440 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES & CHARGES Page 11 Calculation of Airline Terminal Rental Amounts Airline Space: Ticket Counter Ticket Ramp Passenger Bag Bag EDS Screen/ Passenger Total Space Classification S Queuing Offices Ops/Offices Holdroom Claim Make-Up Conveyor Screening Space Rental Rates $52.32 $5232 $52.32 $52.32 $52.32 $52.32 $52.32 $5232 Airline Exclusive Space: American Eagle 912 413 174 290 36 0 0 0 1,825 Go Silver/United Exp 304 172 168 250 36 0 0 0 930 Delta 608 420 165 250 36 0 0 0 1,479 Vacant 1824 1,192 508 750 72 0 0 0 4,346 Subtotal 3,648 2,197 1,015 1,540 180 0 0 0 8,580 Airline Non-Exclusive Space: Ticket Offices Circulation 0 628 0 0 0 0 0 0 628 Ramp Operations 0 0 65 0 0 0 0 0 65 Passenger Holdroom 0 0 0 6.152 0 0 0 0 6,152 Baggage Claim Area 0 0 0 0 2,336 0 0 0 2,336 Baggage Make-Up Area 0 0 0 0 0 7,450 0 0 7,450 EDS Screen/Conveyor Area 0 0 0 0 0 0 4,830 0 4,830 Passenger Screen Area 0 0 0 0 0 0 0 6,144 6,144 Subtotal 0 628 65 6,152 2,336 7,450 4,830 6,144 27,605 Total Airline Space 3,648 2,825 1,080 7,692 2,516 7,450 4,830 6,144 36,185 Rental Amount: American Go Silver Common Total Eagle United Exp Delta Vacant Use Amount Airline Space Ticket Counter B Queuing $47,720 $15,907 $31,813 $95,439 0 $190,878 Ticket Offices 21,610 9,000 21,976 62,370 0 114,956 Ramp Operations 9,104 8.790 8,633 26,581 0 53,109 Pax Hoick-corn(Gates) 15,174 13.081 13,081 39,243 0 80,579 Bag Claim(Bag Kiosks) 1,884 1,884 1,884 3,767 0 9,418 Annual Rental $95,491 $48,661 $77,387 $227,400 $0 $448,940 Common Use Space $0 $0 $0 $0 $1,444,406 $1,444,406 Total Annual Rental $95,491 $48.661 $77,387 $227,400 $1,444,406 $1893,346 Est.Monthly Rental $7,958 $4,055 $6,449 $18,950 $120,367 $157,779 Newton a Associates.Inc. 9R2/15 Env FY 2016 Budget Ralee&Charges ver 07.s16[ Page 12 KEY WEST INTERNATIONAL AIRPORT FY 2016 AIRLINE RATES & CHARGES AIRPORT OPERATING STATISTICS FY 2016 FY 2015 FY 2015 FY 2016 Increase over Estimated Budget Est.Actual Projected Est actual 15 Mkt Share ENPLANED PASSENGERS American Eagle 78,158 91,341 104,141 12,800 26.90% Cape Air 0 0 0 0 000% Delta 143,804 141,996 186,183 44,181 48.10% Silver(United.Exp) 66,492 79,270 68430 (10,840) 1168% US Airways Express 31483 34,225 28,353 (5.872) 7.32% Southwest 0 0 0 0 nra Anticipated New Enplanements 40,000 0 0 0 0.00% Fiscal Year Enplanements 359,937 346,832 387,107 40,275 100.00% %Change FY 2016 Projected-FY 2015 Est.Actual 11.6% FY2015 FY2015 FY2016 Budget Est.Actual Projected ESTIMATED LANDING WEIGHTS: Passenger Airlines: American Eagle 110,055 115,745 133,715 Cape Air 0 0 0 Delta 170,331 163,350 193,631 Silver(United Exp) 76,083 112,290 95,475 US Airways Express 32.166 38,840 33,434 Southwest 0 0 Anticipated New Weight 33.466 0 0 Subtotal Pax Aidines 422,100 430,225 456,255 %Change FY 2016 Projected-FY 2015 Est.Actual 6.1% Cargo Aidine(s): FedEx(Mountain Alr Cargo) 4,063 3,961 3,961 Change FY 2016 Projected-FY 2015 Est.Actual 0.0% Total Landing Weights 426,163 434,186 460,216 %Change FY 2016 Projected-FY 2015 Est.Actual 6.0% Newton&Associates,Inc. 9/22I2015 EYW FY 2016 Budget Rates&Charges ver 07.xlsx